U.S. Housing Market
Virginia Home Sales Down in November
The statewide median sales price reached $425,000 in November, up $10,000 for a 2.4% year-over-year increase. Continue Reading Virginia Home Sales Down in November
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
This Final Rule is effective Feb. 23, 2026. Continue Reading FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
“Many of these neighborhoods also offer newer homes than the surrounding areas,” said Chief Economist Danielle Hale. Continue Reading Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
New Study Highlights the Most Pet-Friendly Cities
Scottsdale ranked first and Honolulu ranked last among the 100 cities analyzed by WalletHub. Continue Reading New Study Highlights the Most Pet-Friendly Cities
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
US housing market shows early signs of recovery as demand rises
Source: Fox Business --- Pending home sales increased for the first time in more than a year The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending home...
The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says
Source: Insider --- The end is in sight for the US housing market's troubles, according to Goldman Sachs. Strategists at the US bank said this week that easing mortgage rates are likely to help the market find a floor within six months – with prices likely to have...
U.S. Real Estate Outlook 2023
Source: JLL --- Our predictions for U.S. Real Estate Markets in 2023 What is the economic outlook for the U.S.? The economy in 2023 will present a mixed picture. While underlying momentum has slowed, this was anticipated following last year’s unexpectedly healthy...
The housing market recession could be bottoming out. What does it mean for home prices?
Source: Fortune --- Fed Chair Jerome Powell made it crystal clear last summer: Spiking mortgage rates would help to “reset” the U.S. housing market, which had turned into a buyer’s nightmare during the pandemic. Of course, spiking mortgage rates wouldn’t magically...
US housing affordability hell ‘can’t beat’ the Florida heat
Source: Fox Business --- With rising mortgage rates and home prices staring homeowners down in 2023, Sun Belt residents are expressing their gratitude for making the historic exodus when they did. "The people are nice, you can't beat the weather and just the climate...
Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?
Source: Realtor.com --- For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming the...
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
Source: Fox Business --- Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most catastrophic...
Survey finds Americans wildly misinformed on housing market
Source:The Hill --- A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released Tuesday...
Is the Housing Market Making You Moody? Influencing Design Trends in 2023
Source: WRAL News --- With record-high gas prices, a housing market boom and global uncertainty, it hasn’t been an easy transition back to stereotypically normal pre-pandemic living. The Consumer Sentiment Index and Fannie Mae Home Price Sentiment Index (HPSI) bear...
Will US growth have slowed in the fourth quarter of 2022?
Source: Financial Times --- How did the US economy fare in the fourth quarter of 2022? The US economy is expected to have expanded in the fourth quarter, albeit at a slower pace than earlier in the year, as the Federal Reserve’s aggressive interest rate-raising...
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